By Elizabeth Miller, New Mexico In Depth |
May 11, 2021
Marjorie Childress/New Mexico In Depth
People from throughout the region come into Gallup to haul water from the town’s water loading station. In July and August, about 2 million gallons are dispensed through the system.
Early this year, five of Gallup, New Mexico’s 16 water wells stopped producing water, including two of its biggest. After a few days of maintenance, two worked. The other three were out of commission for more than a month. Had it happened in summer, the city might have asked residents to dramatically reduce use.
“I’m not in crisis mode,” said Dennis Romero, Water and Sanitation Director for the City of Gallup, but “it could go to crisis mode very quickly.”
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ALBUQUERQUE, N.M. The next steps in regulatory proceedings on the proposed merger between PNM Resources and energy giant Avangrid will be reviewed Tuesday at the state Public Regulation Commission.
PRC hearing examiner Ashley Schannauer will hold a “status conference” among 22 parties intervening in the case.
If approved by the PRC, Avangrid would acquire PNMR and its two utility subsidiaries Public Service Company of New Mexico and Texas New Mexico Power in all-cash transaction valued at $4.3 billion.
Following the status conference, Schannauer must decide whether forthcoming public hearings should focus on a settlement agreement that Avangrid and PNMR reached with 11 of the organizations involved in the proceedings, or discard the settlement and instead review the companies’ original proposal to merge.
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Citizens for Fair Rates and the Environment (CFRE) is concerned that the proposed merger between Public Service Company of New Mexico and Avangrid, via N.M. Green Holding Inc., extensively benefits PNMR shareholders and executives without meaningful benefit to ratepayers. The merger does so in violation of N.M. law and to the detriment of our environment and emissions goals. CFRE opposes the merger request.
We hope readers will add their names to our petition at: https://actionnetwork.org/petitions/the-pnm-avangrid-merger-must-benefit-the-people-of-new-mexico?source=direct link&. The petition opposes the merger; if however the merger does proceed, the petition requests that there be more ratepayer protections and community benefits incorporated into the deal.
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ALBUQUERQUE, N.M., May 7, 2021 /PRNewswire/ PNM Resources, Inc. (NYSE: PNM) wholly-owned New Mexico subsidiary, Public Service Company of New Mexico (PNM), and AVANGRID filed a revised stipulation with additional parties in its merger application before the New Mexico Public Regulation Commission (NMPRC) today.
Parties to the filed stipulation include: Attorney General of the State of New Mexico, Western Resource Advocates, the International Brotherhood of Electrical Workers Local 611, Dine Citizens Against Ruining Our Environment, Nava Education Project, San Juan Citizens Alliance, To Nizhoni Ani, the Coalition for Clean Affordable Energy, Interwest Energy Alliance, Walmart, Inc., and Onward Energy Holdings, LLC.